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G7 leaders mull new sanctions on Iran for launching missile attack on Israel 

07:11 PM | 15 Apr, 2024
G7 leaders mull new sanctions on Iran for launching missile attack on Israel 

In the emergency meeting of the G-7 countries, the leaders of member nations have decided to impose further sanctions on Iran in response to its attack on Israel, offering full support to Israel.

According to the media reports, after the attack on Israel by Iran, the virtual summit of the heads of the G-7 countries, including the United States, Japan, Germany, France, Britain, Italy, and Canada, condemned Iran and expressed solidarity with Israel.

Following the summit, it was stated in the statement that the attack by Iran on Israel has destabilised the region. Iran and its proxy attacks should cease, or be prepared for strict sanctions.

The statement further mentioned that efforts will continue for stability and de-escalation in the region. Additional sanctions, including drone and missile programs on Iran, can be imposed.

The G-7 countries' statement said that member countries will strengthen mutual cooperation for the resolution of the Gaza crisis, including immediate and permanent ceasefire, the release of Israeli hostages, and the provision of humanitarian aid to needy Palestinians.

It should be noted that the United Nations Security Council had also held a meeting on Iran's attack on Israel, which concluded without reaching any consensus. In this meeting as well, Iran was condemned, and support for Israel was expressed.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.57 7.72

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